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Europe Daily Bulletin No. 9767

23 October 2008
THE DAY IN POLITICS / (eu) eu/georgia
$4.55 billion is raised in aid

Brussels, 22/10/2008 (Agence Europe) - The donors' conference for the reconstruction and socio-economic development of Georgia, held in Brussels on Wednesday under the joint chairmanship of the EU and the World Bank, raised pledges of aid amounting to a total of $4.55 billion (nearly €3.45 billion) greatly exceeding expectations, Commissioner Benita Ferrero-Waldner told the press. The $4.55 billion is made up of €3.6 billion in public money and $850 million from the private sector. The...

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